LendingPad is the next-generation loan origination system delivered via a SaaS model for lenders to leverage the power of cloud computing in loan origination, built with the latest technology stack, a user-interface and high-performance networks. LendingPad’s software is fast to set up, easy to administer and offers robust performance designed for aggressively growing mortgage lenders to scale origination volume in today’s lending environment. The company’s solutions are focused on solving the LOS space which is often outdated with limited or unstable API capabilities that are difficult to use, costly to manage, scale and administer.
- Users report an average of 25%-30% of time savings from application to credit decisions
- An internal survey shows users’ overall satisfaction rate is 2.1x compared to that of the industry’s average LOS
- 230% increase in user growth compared to the previous year
Loan Origination, Secondary